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In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their basic function, the subprime situation unfortunately provides ammunition for the latter view.

Barney Frank

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Barney Frank
Age: 84
Born: 1940
Born: March 31
Former U.S. Representative
Politician
Bayonne
New Jersey
Barnett Frank
Believe
Market
Provides
Inhibiting
Function
Excess
Unregulated
View
Unfortunately
Excesses
Hold
Essentially
Diminishes
Views
Latter
Ammunition
Situation
Reasonable
Diminish
Others
Debate
Markets
Without
Basic
Regulation

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I am very proud of the role I played in getting legal equality for people who are lesbian, gay, bisexual and transgender, and in helping get rid of the prejudice by being visible about it, helping to block the conviction of Bill Clinton of impeachment.
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I can tell you about health care and also about the financial reform bill. The Barack Obama, the President personally and his administration officials at his direction were very much involved.
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[Democrats] are trying on every front to increase the role of government.
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Whenever people are being intellectually dishonest in debate, it is an implicit concession they have lost the fight
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But here too it should be noted that the President's approach was to first ask the repressive and brutal Taliban to surrender Osama bin Laden to us, and only after that government refused to do that did we invade.
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I wouldn't want [gay marriage] to go to the United States Supreme Court now because that homophobe Antonin Scalia has too many votes on this current court.
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I should have voted for the first Iraq war. George Bush did that one very well. I had been skeptical. I was afraid that George Bush was going to treat the first Iraq war the way his son treated the second.
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Ridicule is about the most powerful weapon possible.
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We all have the right to call each other names. Rudeness is a deeply held constitutional value.
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I was still closeted, but from the day I decided to run for office, knowing that I was gay, I decided that I would, of course, still be closeted but that I would work very hard for gay rights. It would be totally dishonorable, being gay, not to do that. So I had that as kind of a secondary agenda.
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Bush senior used to say that we have more will than wallet. So he urged the country to attack poverty with a thousand points of light, none of which could be eaten.
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I will tell you, I'm a lousy cook, but I think I'm a pretty good judge of a good meal.
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The issue is not that morals be applied to public policy, it's that conservatives bring public policy to spheres of our lives where it should not enter.
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I am not aware of any specific provision that mandates any tightening of lending to small business other than a requirement that people who lend and then sell that loan be prepared to take a part of the risk. And I'm proud of that.
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There is an irony that the most active anti-gay groups are Al-Qaeda and the American Right wing.
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I do not believe that the federal government should treat adults who choose to smoke marijuana as criminals.
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For most of my life, I have eaten to deal with stress.
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It is because the fight against the harshest aspects of unrestricted capitalism is therefore a political problem and not an intellectual one that community action remains so essential.
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